Podcast: New tools for arresting rising tide of check fraud

ABA joined the Bank Policy Institute and three other associations in calling on the SEC to rescind its cyber incident disclosure rule, which they said puts companies that fall victim to cyberattacks at greater risk.

While banks have long employed artificial intelligence tools, a new survey shows that a majority of banks globally have either deployed or are in the process of deploying generative AI tools.

Banks that successfully integrate AI into their compliance operations tend to follow the mantra: Automate the process, not the principle.

Sen. Roger Marshall (R-Kan.) has filed an amendment to add credit card network routing mandates to an unrelated bill establishing a regulatory framework for payment stablecoins.

A bill to create a regulatory framework for payment stablecoins cleared a key procedural hurdle after several Democrats joined Republicans in voting to advance the legislation.

The financial sector is scrambling to keep up with the heightened risks posed by cyber threats through increasing investment in fraud prevention and strengthening third-party risk management, according to a new report by FS-ISAC.